Estimate repayments on any business equipment. Pick the equipment class and we'll estimate the rate. Adjust term, structure and frequency. Your numbers update live.
Select an asset class above to load the estimated market rate.
The calculator applies an indicative rate for the asset class you pick, then amortises it over the term and repayment frequency you choose. It is a model, not a quote, and it does not run a credit check or touch your file.
A balloon or residual lowers the repayment now and leaves a lump sum at the end, so use it deliberately rather than to make a number look better. Whatever you leave at the end still has to be paid or refinanced.
Deposit or full invoice. You can put money down or fund the whole invoice. A deposit is a cashflow decision here, not a condition of approval.
The single biggest lever is security. As a general rule, where the facility is backed by property you should expect 6% to 9% p.a. Without property security, expect 9% to 13% p.a. If you own property and are willing to use it, the same purchase gets materially cheaper.
After that: how long the ABN has been trading, whether the asset is bought from a dealer or privately, and the asset itself. New and used are both funded, so used equipment is not the obstacle people expect.
These are indicative ranges for business finance, not an offer. Your rate depends on the deal and is subject to credit approval.
Most equipment is written as a chattel mortgage over a two to seven year term. You own the equipment from day one, the lender holds security over it, and the rate is fixed for the term. New and used equipment are both financed, and you can fund the full invoice or put in a deposit as a cashflow choice.
The biggest lever on your rate is not the equipment, it is security. Property-backed borrowers generally see roughly 6% to 9% p.a. while non-property-backed deals price around 9% to 13% p.a. The per-asset rates in this calculator are ballparks inside those bands.
Yes. The asset list covers vehicles, earthmoving, agricultural, medical, manufacturing, hospitality and IT equipment, each with its own ballpark rate. If yours is not listed, choose Other and tell us what it is in the notes.
Used equipment is financed every day. Age and condition feed into the lender's view of the security, which is why the calculator asks whether the asset is new or used.
No. It is an estimate so you can sanity check a purchase before you commit. A real quote comes back from the lender panel once we know the asset, the deposit and how long you have been trading.
No. Nothing here runs a credit check. Your file is only touched once you apply and give us permission.
Approvals come back as fast as 24 hours on straightforward deals. The things that slow it down are missing paperwork and private sales that need extra verification.
Yes. New and used are both funded, from dealers or private sellers. On used machinery, service history and hours matter more than age.
Leave your details and one of our partners will come back with an exact rate for your deal. No obligation. No automated responses.